HomeTrust reverses course on plan to sell $90M in mortgages
The North Carolina company will hold onto the loans after the Fed's decision to slash interest rates.
North Carolina
Rise in hurricane recovery times could strain mortgage servicers
The potential for longer homeowner recovery times from hurricanes could hurt mortgage companies that need to advance funds to investors from missed payments.
SBA’s biggest lender is overhauling its business model
Live Oak Bancshares became an SBA juggernaut by making loans, selling them and making more. With economic conditions changing, it is retaining more credits.
How the mortgage industry is responding to Hurricane Florence
While the severity of Florence was reduced prior to Friday morning's landfall, mortgage servicers are taking proactive steps in addressing the emergency situation.
